Bitcoin, once it reached the $5,000 price level, immediately started to correct and we’ve been seeing negative price action over the past 17 hours or so. The other major cryptocurrencies along with many altcoins have followed suit and we’ve seen double digit declines across the board.

I see an opportunity in Ethereum, Dash, and a number of smaller coins as we are given the potential for lower entries. If you’ve been looking to invest and have been waiting for a good opportunity, here it is. This bear action may continue in the short-term, so be cautious about deploying all your dry powder on one correction.

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